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Market Commentary


 
Today's Coupons
 
  10-Year Notes   99-16.5 (00) 1.678%  
 
  FN 3.5% Coupon   104-28.5 (-0.5)  
 
  Support   1.803%  
 
  Resistance   1.613%  
 
 
 
 
Today's Blurb Tuesday, June 21, 2016
 
 
            With no major economic news today, Brexit continues to be the center of attention as we are just two days away from the vote that will determine if the U.K. will leave the European Union (EU). There was a slight shift in opinion polls on Brexit vote from the prior where "remain" and "leave" are now fairly close. Treasuries are starting today's session on a stronger note as the chances of U.K. departure are a little higher than the prior. Fed Chair Janet Yellen speaks this morning to the Senate Banking Committee. The curve has bull flattened with UST 10-Year yield down 1 bp.
 
 
   
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  06/20 No Data - - - - - -  
                   
  06/21 No Data - - - - - -  
                   
  06/22 MBA Mortgage Applications 04:00 17 Jun - - -2.40% -  
                   
  06/22 FHFA House Price Index MoM 06:00 Apr 0.60% - 0.70% -  
                   
  06/22 Existing Home Sales 07:00 May 5.55 M - 5.45 M -  
                   
  06/22 Existing Home Sales MoM 07:00 May 1.80% - 1.70% -  
                   
  06/23 Chicago Fed Nat Activity Index 05:30 May 0.11 - 0.10 -  
                   
  06/23 Initial Jobless Claims 05:30 18 Jun 270K - 277K -  
                   
  06/23 Continuing Claims 05:30 11 Jun 2144K - 2157K -  
                   
  06/23 Bloomberg Consumer Comfort 06:45 19 Jun - - 42.10 -  
                   
  06/23 Markit US Manufacturing PMI 06:45 Jun P 50.90 - 50.70 -  
                   
  06/23 New Home Sales 07:00 May 560K - 619K -  
                   
  06/23 New Home Sales MoM 07:00 May -9.50% - 16.60% -  
                   
  06/23 Kansas City Fed Manf. Activity 08:00 Jun -5.00 - -5.00 -  
                   
  06/24 Durable Goods Orders 05:30 May P -0.50% - 3.40% -  
                   
  06/24 Durables Ex Transportation 05:30 May P 0.10% - 0.50% -  
                   
  06/24 U. of Mich. Sentiment 07:00 Jun F 94.10 - 94.30 -  
                   
 
 
 
 
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  This information is provided solely for informational use and is not intended as trading or investment advice in any manner whatsoever. Sun West Mortgage Company, Inc. is not a licensed or registered broker or dealer and cannot provide investment strategies or recommendations. This information is provided to licensed brokers/lenders only and may not be copied or distributed to customers or potential customers. All loans are subject to approval. Certain restrictions may apply. Listed pricing is a morning indication only. Program rates, prices, guidelines, fees, costs, terms and conditions are subject to change without notice  
 
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